NIRMAL BANG SECURITIES PVT LTD
CHEATING IN DEMAT TRADING

I am holding a trading account with Nirmal Bang Securities Demat account No. PMP 294.

I have invested monies in their account about 6 months ago as below:

CURRENCY ACCOUNT: RS. 50, 000

COMMODITY ACCOUNT: RS. 50, 000

EQUITY ACCOUNT: RS. 80, 000

Total portpolio amount: Rs. 1, 80, 000.

I was promised atleast 5 to 10% every month against my investment.

However, today my portfolio is showing total amount of Rs. 17000.

The trading was done without taking any permission from my end. The

branch manager at Nirmal bang is blaming the Customer Care manager for this mess. He

is not willing to own up the responsibility.

I am simply told that I have been given the trading confirmation

against the transactions.

However, I was not asked even once before doing any trading. Neither I had given any access to the trading account. The trading pattern in itself is the self explanatory, where in not a single transaction is done with profit. Trading is carried out just to make commissions for them.

Further, my equity shares were sold without any permission from me, which was done to offset the loss incurred in currency trading by your

people.

In view of the above, I would request you to take stern action against these people and arrange to refund my monies as soon as possible, so that these kind of white collar crimes are stopped.

I await your confirmation as soon as possible.

Sincerely,

Shankar Shetty

Company: NIRMAL BANG SECURITIES PVT LTD
Country: India
State: Maharashtra

  <     >